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BlackRock is cutting 250 jobs, or 1%, to boost efficiency and focus on sustainable investing and tech services.
BlackRock is cutting about 1% of its workforce, roughly 250 jobs, as part of a restructuring aimed at improving efficiency amid shifting market conditions and rising competition.
The firm said the move is not linked to performance but part of a strategic shift toward sustainable investing and technology-driven services.
Affected employees will receive severance and career support.
The changes won’t impact core operations or investment strategies.
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BlackRock está recortando 250 empleos, o 1%, para aumentar la eficiencia y centrarse en inversiones sostenibles y servicios tecnológicos.